Waterford Wedgwood

Waterford Wedgwood plc was a holding entity for a group of companies, headquartered in Ireland, which specialized in the manufacture of high quality china, porcelain, and glass. The group was dominated by Tony O'Reilly and his immediate family, as well as the family of O'Reilly's second wife, Chryss Goulandris, the two families together having had invested hundreds of millions of euros in it. The group's financial record was mixed, and significant cost-cutting had been ongoing for many years.

In 2009, parts of the group, including the main Irish and UK operations, were placed in receivership and acquired by KPS Capital Partners, a New York-based private equity firm. Waterford Crystal, along with Wedgwood, Royal Doulton and other brands, were transferred to a new company, WWRD Holdings Limited, an acronym for "Waterford Wedgwood Royal Doulton". In July 2015, it was acquired by Fiskars, a Finnish consumer goods company.

Subject ID: 87777

More

Waterford Wedgwood plc was a holding entity for a group of companies, headquartered in Ireland, which specialized in the manufacture of high quality china, porcelain, and glass. The group was dominated by Tony O'Reilly and his immediate family, as well as the family of O'Reilly's second wife, Chryss Goulandris, the two families together having had invested hundreds of millions of euros in it. The group's financial record was mixed, and significant cost-cutting had been ongoing for many years.

In 2009, parts of the group, including the main Irish and UK operations, were placed in receivership and acquired by KPS Capital Partners, a New York-based private equity firm. Waterford Crystal, along with Wedgwood, Royal Doulton and other brands, were transferred to a new company, WWRD Holdings Limited, an acronym for "Waterford Wedgwood Royal Doulton". In July 2015, it was acquired by Fiskars, a Finnish consumer goods company.

Subject ID: 87777

Less